My thoughts and prayers go out to the hedge funds that have lost upwards of 70 billion dollars this week to make this possible.
https://nypost.com/2021/01/28/fifth-grader-makes-3200-off-gamestop-shares-bought-in-2019
Unfortunately crypto left the "intrinsic value" box unchecked. But I'm guessing it's not there on purpose.
Nobody lied to me. Crypto is just another imaginary fiat with artificial scarcity. The difference is that if the power goes out, my gold will still be worth something.
Nah, crypto will always have some utility for people to wash money or use for capital flight.